Bias is Bearish. Price is still in a -FVG, though it has almost filled it. But until there is a candle close on a daily basis, my bias will remain bearish. My view is the 5 days of bullish PA is simply just a retracement... an internal move after a BOS. The low resistance liquidity run below the previous lows can potentially draw price lower. There is a fair...
Globalization is dead. The fat lady has sang, the dirt is piled high next to the hole in the ground, obituaries read, notices had been long mailed to all the parties concerned. All there is left to do now is to show up at the funeral - provided you are not too busy starving or freezing to death, or otherwise engaged with similarly pressing diversions. This IS...
We have some fantastic news to share that will undoubtedly make you smile. The Yen per Dollar exchange rate has recently reached its lowest point this year, offering an exciting opportunity for those looking to make some profitable moves. So, get ready to celebrate and prepare yourself to long USD/JPY – it's time to ride this wave of success! 1. The Weakest Yen...
Technical Analysis: - As you can see the above daily chart, USDX is still doing a ABC correction in blue - We present two possible paths - Black and Blue ( With actual data each path has 50% probability ) - The decision of both paths (Black and Blue) will be taken when USDX will arrive to the orange circle area - Short term structure is bearish - H1...
(Opinion) As the monetary policy of the dollar grinds forward in 2023, our last fed meeting left us with Jerome Powell promising us more rate hikes as 2023 moves forward. How realistic is this though? With things like energy, food, and just about anything cost you can think of skyrocketing in price throughout 2022 and continuing to move up in 2023, it really...
#USDJPY - At this point, USDJPY was fairly well BUY with the emergence of some positive comments regarding US INFLATION DATA and RATE HIKE SENTIMENT in recent days. As a result, the USD automatically rose against the JPY. The other reason is that MARKET RISK is OFF. - Right now, the MARKET is getting a bit RISK ON, that's why the USD is going down. For this...
USDCAD has created a double top on 4H on weekly resistance and highly likely that this instrument will drop early next week with high probability. Please press the like button if you find value in it.
Overall USD strength is still Bullish on a technical standpoint Price has rejected the previous zone as forecasted yesterday. However we aren't 100% in the green for the USD just yet; It has to break above the white supply zone before we may see good USD strength. Watch out for the upcoming days and news releases also.
DXY chart Hopefully create bearish butterfly pattern. Now market impulse wave 93.050 to 92.950 support zone. If break out 92.900 resistance zone then market goes buy to 93.378 & 93.500 zone. If the market break out 92.600 resistance level then then market goes to 93.800 resistance zone. If breakout 92.800 support zone then this case is invalid.
Demand in Save Heaven pair due to the COVID delta variant. Nevertheless, U.S Dollar is strengthening due to the government's quantitive easing.
EURUSD is finding a fair bit of downside following the Fed announcing they have changed their interest rate outlook. The fed announced it's projections to change rates in 2023 instead of 2024 on Wednesday, and as a result the USD is back as king. Surprise surprise, the currency of global trade and debt is making a comeback. If you had seen our USDCHF monthly pivot...
Traders, Dollar is stuck between 2 FCP (fibonacci Confluence Patterns Zones) and now even though it is looking bullish, it may fall down short term before the next rise. So what can dollar do? What is our trading plan on the USDOLLAR? Is dollar strength still dying? For all those question please watch previous analysis and then this one. That should form a good...
Multi time frame USDX analysis from 1985-today.
After a nice dump this weekend I think LTC is ready for another bull run during a holiday weekend for the USD. Held great support at the 0.618 Fib retracement would love to see what this does this week. Please comment and give feedback. #BLESSEDPIPS
After a nice dump this weekend I think ETC is ready for another bull run during a holiday weekend for the USD. Held great support at the 0.618 Fib retracement would love to see what this does this week. Please comment and give feedback. #BLESSEDPIPS
High azimuth consolidation movement for XRP. Probable long direction that will be triggered possibly in the coming days. If you appreciate my analysis please like and follow. If you want other tools analyzed, leave their names in the comments, and in the next hour I will publish the analysis. Everything on green !!